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Dec 15, 2021
12/21
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we did not lift the debt ceiling -- if we did not lift the debt ceiling -- the constitution says the faith in credit of the u.s. should not be questioned. discussions of it a few years ago and lowered the interest of our credit rating. that was not a good thing for our economy. we should not be flirting with danger when it comes to our economy whether it is our national economy, global economy, or the personal. i want to commend chairman george mcgovern. he gets confused with george mcgovern on the feud -- food security issues. that is jim mcgovern. a patron saint for us in terms of fighting for human rights. this uighur bill on forced labor was his legislation yesterday. i am glad you mentioned that when i talked about that. so now, we'll just try to see how soon we can pass the bill back better legislation. it is so important. it is fraught with meaning at this time because today, the 15th of december, will be the last bite and child tax credit that would go out. -- biden child tax credit that can go out. we hope we can have this settled before christmas because december 31 this ex
we did not lift the debt ceiling -- if we did not lift the debt ceiling -- the constitution says the faith in credit of the u.s. should not be questioned. discussions of it a few years ago and lowered the interest of our credit rating. that was not a good thing for our economy. we should not be flirting with danger when it comes to our economy whether it is our national economy, global economy, or the personal. i want to commend chairman george mcgovern. he gets confused with george mcgovern on...
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Sep 24, 2021
09/21
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it is a very bipartisan bill underneath the debt ceiling. we do not think it will be any problem to pass the legislation. reporter: with the announcement of this framework, are you confident you have the support within your on party debt move that forward on monday. >> we take it one day at a time, i'm confident we will pass both bills. reporter: the archdiocese of san francisco warns that the bill is nothing more than a child sacrifice and he calls on catholics too fast and [indiscernible] >> i am catholic, i come from a pro-life family. not active in that regard. different in their view of a woman's right to choose than i am. in my right to choose, i have five children in six years and one week. people say things like that when you have five children and six years and one day come up can talk about what business it is of any of us to tell anyone else to do. ross, it was at complete and total blessing which we enjoy every day of our lives. but is not none of our business how other people choose to decide the timing of their families. the ar
it is a very bipartisan bill underneath the debt ceiling. we do not think it will be any problem to pass the legislation. reporter: with the announcement of this framework, are you confident you have the support within your on party debt move that forward on monday. >> we take it one day at a time, i'm confident we will pass both bills. reporter: the archdiocese of san francisco warns that the bill is nothing more than a child sacrifice and he calls on catholics too fast and...
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Dec 18, 2013
12/13
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all attached to a debt ceiling inquiry. ceiling legislation is the time that brings us all together and get the president's attention, which with this president when it comes to reducing spending is a bit of a challenge. i cannot imagine it being done claim. we will have to see if the house once to add to it as a condition of passing it. host: harry reid and mitch inonnell, up for reelection 2014, yesterday weighing in on the next fight of raising the debt ceiling, which could happen in february when the treasury runs out of money to pay its bills. on the two-your budget deal, the washington times reports this -- there are a group of senators think it aired i daring cuts to retirement pay. post" reportsn on that -- inside the story they say according to house budget aides, it will reduce pay by almost six percent, by a man who enlisted at age 18 and retired age 38. 1.26ng him with one million instead of 1.24. this an issue that could be returned to in january. (this morning. democratic caller. what is on your mind. they did
all attached to a debt ceiling inquiry. ceiling legislation is the time that brings us all together and get the president's attention, which with this president when it comes to reducing spending is a bit of a challenge. i cannot imagine it being done claim. we will have to see if the house once to add to it as a condition of passing it. host: harry reid and mitch inonnell, up for reelection 2014, yesterday weighing in on the next fight of raising the debt ceiling, which could happen in...
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Jun 20, 2019
06/19
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in terms of the debt ceiling, we will lift the debt ceiling. we have to have the agreement first so that we know we are on the same page as we go forward. reporter: my question is about china. the situation in hong kong. what do you think about the protest? am going forward, what is the most effective way for the u.s. to help maintain hong kong's legal economy? -- legal autonomy? speaker pelosi: thank you. a quarter of the whole population of hong kong was on the streets on this extradition law, which is appalling. you know what it says. in hong kong, you would be tried in beijing, and they can cook up any charge on any person, including journalists. close to regenerations of hong kong democrats, martin lee, = mr. chan. -- mr. chan. daschle wong -- joshua wong. it has always been bipartisan. so dear question, we have legislation -- to your question, we have legislation that updates u.s.-hong kong policy. under our law now, hong kong is treated as an economic zone for lack of a better word, and has -- othervileges privileges separate from china.
in terms of the debt ceiling, we will lift the debt ceiling. we have to have the agreement first so that we know we are on the same page as we go forward. reporter: my question is about china. the situation in hong kong. what do you think about the protest? am going forward, what is the most effective way for the u.s. to help maintain hong kong's legal economy? -- legal autonomy? speaker pelosi: thank you. a quarter of the whole population of hong kong was on the streets on this extradition...
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Jun 20, 2019
06/19
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in terms of the debt ceiling, we will lift the debt ceiling. full faith and credit of the american people is never in doubt. we have to have the agreement first so that we know we are on the same page as we go forward. reporter: my question is about china. the situation in hong kong. what do you think about the protest? going forward, what is the most effective way for the u.s. to help maintain hong kong's legal autonomy? speaker pelosi: thank you. is it just a beautiful sight to behold? a quarter of the whole population of hong kong was on the streets on this extradition law, which is appalling. you know what it says. if you were arrested in hong kong you would be tried in , beijing, and they can cook up any charge on any person, including journalists. 85,000 americans there doing business or reporting on it. generationso three of hong kong democrats, martin lee, mr. chan, joshua wong. they have all come through our office because we have been making this fight on human rights in china since tiananmen square. it has always been bipartisan. to
in terms of the debt ceiling, we will lift the debt ceiling. full faith and credit of the american people is never in doubt. we have to have the agreement first so that we know we are on the same page as we go forward. reporter: my question is about china. the situation in hong kong. what do you think about the protest? going forward, what is the most effective way for the u.s. to help maintain hong kong's legal autonomy? speaker pelosi: thank you. is it just a beautiful sight to behold? a...
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Nov 27, 2012
11/12
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head then raising the debt ceiling. we know we need to do both. i was pleased to give the president -- to see the president talked about how we create jobs and meet the needs of the american people. some of his suggestions have very strong support in our caucus, whether it is and for stricter, rebuilding our country, make it in america. mr. hoyer will talk to us about make it in america everybody has been intensely involved. the american people stop rarity is the accretion of dollars. priority is creating jobs. now it is time to talk about jobs. a person who has been a leader will tell you about it, mr. hoyer. >> thank you very much. let me suggest that talking about jobs is talking about the debt. the only way we will successfully deal with debt is to create jobs and economic growth in america. we know that but
head then raising the debt ceiling. we know we need to do both. i was pleased to give the president -- to see the president talked about how we create jobs and meet the needs of the american people. some of his suggestions have very strong support in our caucus, whether it is and for stricter, rebuilding our country, make it in america. mr. hoyer will talk to us about make it in america everybody has been intensely involved. the american people stop rarity is the accretion of dollars. priority...
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Jul 26, 2019
07/19
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spending by $324 billion and suspend the debt ceiling allowing unlimited borrowing. the house is in recess until after labor day. speaker nancy pelosi briefed reporters about the democrats' agenda in congress. speaker pelosi: good morning, everyone. well, yesterday, we had a culmination of a lot of work over a period of time to pass the caps agreement in a very strong bipartisan way on the floor of the house. of course, i always want more, but it was bipartisan, and it was a compromise. it ended sequestration. for what that means in the lives of the american people, sequestration is a place you go when you can't reach agreement and you start cutting how we meet the needs of the american people in a very indiscriminate way. it's harmful to children and other living things. it's harmful to our national security. it's over. we avoided a shutdown for the moment. we still have to go through the appropriations process, but the way the legislation was written for bipartisan agreement on any -- for us to proceed on any extraordinary measures, i think we have forestalled any
spending by $324 billion and suspend the debt ceiling allowing unlimited borrowing. the house is in recess until after labor day. speaker nancy pelosi briefed reporters about the democrats' agenda in congress. speaker pelosi: good morning, everyone. well, yesterday, we had a culmination of a lot of work over a period of time to pass the caps agreement in a very strong bipartisan way on the floor of the house. of course, i always want more, but it was bipartisan, and it was a compromise. it...
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Jan 23, 2014
01/14
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debt -- debt ceiling increase. is that something you would agree with? >> i would point back to the disruption caused by the shutdown in october. the harm done to our economy by the threats house republicans made to our economy through threatening to fall back in 2011, and suggest that pursuing that path is always a bad idea, and it is harmful particularly to the middle class in the united states. we wouldn't expect that kind of action to be taken. >> lastly, are you -- we got into this a little bit yesterday. are you satisfied with the level of cooperation you are getting from the russians on the sochi olympics? >> we continue to engage with the russians about security matters in sochi. we have offered our full support and any assistance to the russian government in its security preparations for the sochi games. the russian authorities, as you know, will be responsible for overall security at the games, and the state department of diplomatic security has a diplomatic security for the united states. we will send f.
debt -- debt ceiling increase. is that something you would agree with? >> i would point back to the disruption caused by the shutdown in october. the harm done to our economy by the threats house republicans made to our economy through threatening to fall back in 2011, and suggest that pursuing that path is always a bad idea, and it is harmful particularly to the middle class in the united states. we wouldn't expect that kind of action to be taken. >> lastly, are you -- we got into...
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Feb 9, 2013
02/13
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it's been on debt ceilings, budgets, deadlines and negotiations. all of this is extremely important because i don't think there's any substitute for getting our fiscal house in order. there's no greater moral imperative than to reduce the mountain of debt that's facing us, our children and theirs. and our house republican majority stands ready for the president and his party to join us in actually tackling the big problems facing this country. but today i'd like to focus really on what lies beyond the fiscal debate. over the next two years, our house majority will pursue an agenda that is based on a shared vision of creating the conditions of health, happiness and prosperity for more americans and their families. and to restrain washington from interfering in those pursuits. we'll advance proposals aimed at producing results in areas like education, health care, innovation and job growth. our solutions will be based on the conservative presence of self-reliance, faith in the individual, trust in family and accountability in government. our goal is
it's been on debt ceilings, budgets, deadlines and negotiations. all of this is extremely important because i don't think there's any substitute for getting our fiscal house in order. there's no greater moral imperative than to reduce the mountain of debt that's facing us, our children and theirs. and our house republican majority stands ready for the president and his party to join us in actually tackling the big problems facing this country. but today i'd like to focus really on what lies...
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Apr 2, 2023
04/23
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>> the basic answer to that question is the congress needs to increase the debt ceiling. there's not other options around that in the absence of an increase in the debt ceiling. it might cause enormous dislocation to the economy the largest failure in the united states history, who is asleep at the wheel? i think in the first instance as i said, the bank management is responsible for running the bank. they failed and basic measures of interest rate risk and liquidity risk. they had very many outstanding matters and what they were theyt in the controls. they were rated a three overall with respect to those that are not well managed and at the end of the day it's the job of the bank and the board of directors to run themselves the way they should. we of course are looking internally at our own supervision and regulation in looking at ways that we could have forced the firm to do more faster and raise standards so that if the firm got into trouble and they had more capital and liquidity. >> i certainly hope there is some accountability. chair, moving to you now, first citize
>> the basic answer to that question is the congress needs to increase the debt ceiling. there's not other options around that in the absence of an increase in the debt ceiling. it might cause enormous dislocation to the economy the largest failure in the united states history, who is asleep at the wheel? i think in the first instance as i said, the bank management is responsible for running the bank. they failed and basic measures of interest rate risk and liquidity risk. they had very...
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Jan 5, 2011
01/11
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do we think there will be retaliation from the tea party types if the debt ceiling passes? >> yeah, but what are they going to do? [laughter] i mean, as a practical matter, it is something that has to happen and it goes with the responsibility of being in the majority. you can -- you can posture against it as obama did when he was -- as a senator and objected to it and the republicans do when they are in the minority but now they are in the majority and they have got to bite the bullet and say look, we have to do what is right. i think they will. >> here is an interesting one. if you're interested in it. you might want to pursue with some scholarship, i'm sorry i can't bring that scholarship to you but i think -- i seem to recall that there is some history behind the congress being forced to trays debt ceiling. that is required by not the constitution but by some statute that was passed -- raise the debt ceiling. that is required not by the constitution but by some is it a fact that was passed. republicans who were outraged at economics in the 1930's and the new deal were t
do we think there will be retaliation from the tea party types if the debt ceiling passes? >> yeah, but what are they going to do? [laughter] i mean, as a practical matter, it is something that has to happen and it goes with the responsibility of being in the majority. you can -- you can posture against it as obama did when he was -- as a senator and objected to it and the republicans do when they are in the minority but now they are in the majority and they have got to bite the bullet...
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May 12, 2023
05/23
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they just should not be tied to raising of the debt ceiling. it should be a debt ceiling that's clean, one that has been done so many times before, including for the former twice-impeached president, many of the people talking about this issue now did that last time. so where were they then, making some of these comments? secondly, i'm glad that we're doing this hearing but i wonder, mr. chair, when we're going to really focus on the root causes of what caused some of these failures. and when we're going to look at comprehensive legislation and responsible governance. because as i review some of these items, it appears to me that i agree with others that have already said it here at the table, that this was about governance, it was about management, it was about failing to minimize risks. and i was particularly, you know, drawn to the response that you gave ranking chair when she asked you about some of the reviews that are done by the examiners and you said that many of them, that y'all were told that, quote, it would take a while to fix the p
they just should not be tied to raising of the debt ceiling. it should be a debt ceiling that's clean, one that has been done so many times before, including for the former twice-impeached president, many of the people talking about this issue now did that last time. so where were they then, making some of these comments? secondly, i'm glad that we're doing this hearing but i wonder, mr. chair, when we're going to really focus on the root causes of what caused some of these failures. and when...
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Oct 13, 2013
10/13
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raising the debt ceiling with corresponding spending cuts. we need to start cutting the size of government. it's simply too big, too intrusive. mayor booker wants to make it even bigger. we are spending too much. we are going to bankrupt this country. we are mortgaging our children's future. we are headed towards economic collapse if we don't start cutting spending. mayor booker does not know how to do that. president, senate democrats have said they would not negotiate over the debt ceiling. if they do not negotiate, would you then vote against raising the debt ceiling despite the warnings of the consequences? >> the warnings of the consequences are clearly defined in the united states constitution, although under this administration, that does not carry much weight. the 14th amendment says you cannot default on the debt. my taxes.paying all all that revenue is still pouring into the federal government. they can pay their debt. his the president and administration says, we will not negotiate, that is not working together. that is a very clea
raising the debt ceiling with corresponding spending cuts. we need to start cutting the size of government. it's simply too big, too intrusive. mayor booker wants to make it even bigger. we are spending too much. we are going to bankrupt this country. we are mortgaging our children's future. we are headed towards economic collapse if we don't start cutting spending. mayor booker does not know how to do that. president, senate democrats have said they would not negotiate over the debt ceiling....
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May 7, 2011
05/11
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. >> the treasury department reported the united states is expected to hit its debt ceiling on may 16th. congressional reportly reported in anticipation of hitting the debt ceiling, today treasury stops issues state and local governments serious treasure securities that help states and local governments fund infrastructure and other projects. i find this deeply concerning because we already have seen thousands of layoffs taking place at the state and local level. you said there's a significant decrease in government jobs; is that right? >> that's correct. >> dr. hall, can you give us further detail for the committee, the current job situation throughout the state and local governments across the country, and can you offer any predictions regardg the impact of that treasury action may have on the state and local government's eloyment levels? >> sure. well, i can tell you in terms of government employment, the government job loss has been centered primarily in local government jobs, so for example, local government, since the end of the recession continued to lose jobs something at the or
. >> the treasury department reported the united states is expected to hit its debt ceiling on may 16th. congressional reportly reported in anticipation of hitting the debt ceiling, today treasury stops issues state and local governments serious treasure securities that help states and local governments fund infrastructure and other projects. i find this deeply concerning because we already have seen thousands of layoffs taking place at the state and local level. you said there's a...
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Nov 24, 2014
11/14
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now, congress has to go through the painful exercise of voting to raise the debt ceiling. after 1995, there was a rule in place that whenever a certain piece of legislation was passed, the debt ceiling would just get raised automatically. it is like raising the spending limit on your credit card. it was named after dick gephardt, a rising star of congress. he went on to become a house minority leader and democratic presidential candidate. >> what is the -- rule? >> something that came about during the speakership of a republican from illinois who served eight years. a few years into his speakership, it was deemed that he and his leadership team were only going to push through pieces of legislation that had the support of a majority of the majority. only if a majority of republicans supported a bill, would it get past or even come up for a vote. democrats cried out over this. they said it was cutting them out of the legislative process, which in many ways is true. there is some debate about how formalized the rule really was. there were cases i remember covering where varia
now, congress has to go through the painful exercise of voting to raise the debt ceiling. after 1995, there was a rule in place that whenever a certain piece of legislation was passed, the debt ceiling would just get raised automatically. it is like raising the spending limit on your credit card. it was named after dick gephardt, a rising star of congress. he went on to become a house minority leader and democratic presidential candidate. >> what is the -- rule? >> something that...
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Sep 14, 2011
09/11
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so to come in and have a debt ceiling increase time after time after time is not a real debt ceiling. and it is not an adequate defense to say, well, bush did it. well, clinton did it, bush did it before him, reagan did it. just go on down, carter did it. at some point we have to be responsible for our own actions and quit playing the pointing game and say, look, our time is now. we were elected to be responsible now. our own purposes are to be responsible for the debt that we are incuring now. $4.5 trillion more than has been brought in is pretty irresponsible. that's no way to go. but if you want the numbers, if we only are able to save $1 trillion, we are only able to save $1 trillion over 10 years, which is quite possible under the debt ceiling deal that passed, then it will take 150 years before the budget balance if we continue to cut $1 trillion every year. and it will only add about $120 trillion to the $14 trillion we have now. if we could save $2 trillion every 10 years for -- then we are looking at 80 years before we balance the budget and only adding $72 trillion to the de
so to come in and have a debt ceiling increase time after time after time is not a real debt ceiling. and it is not an adequate defense to say, well, bush did it. well, clinton did it, bush did it before him, reagan did it. just go on down, carter did it. at some point we have to be responsible for our own actions and quit playing the pointing game and say, look, our time is now. we were elected to be responsible now. our own purposes are to be responsible for the debt that we are incuring now....
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Jan 19, 2012
01/12
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i'm opposed to raising the debt ceiling limit. how in the world can we raise the debt ceiling if the senate will not work with us to pass a balanced budget. the senate has not passed one in three years. no one would walk into a bank and ask for a loan without a plan on how to spend that money and pay it back, so why is it ok for the federal government to operate that way? it's not. the latest increase to the debt ceiling limit allows president obama to borrow an additional $1.2 trillion, which brings our national debt to $16.4 trillion, and he will likely be back at the end of the year asking for another increase. to put that into perspective, after the revolutionary war when we became a country in 1776 and after that, many wondered if the young democracy could withstand what many at the time considered a crushing debt. the nation had borrowed heavily to pay for the revolutionary war. the debt when the war was over was about $34 per american which in today's inflation adjusted dollars would be about $653. today's debt, by contrast
i'm opposed to raising the debt ceiling limit. how in the world can we raise the debt ceiling if the senate will not work with us to pass a balanced budget. the senate has not passed one in three years. no one would walk into a bank and ask for a loan without a plan on how to spend that money and pay it back, so why is it ok for the federal government to operate that way? it's not. the latest increase to the debt ceiling limit allows president obama to borrow an additional $1.2 trillion, which...
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Jul 16, 2011
07/11
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one is raising the debt ceiling. this is a problem that was manufactur here in washingt, becau every sine one of the leaders over there voted for raising the debt ceiling in the past and it has typically been a difficult but routine process. do have a genui underlying problem that our debt and deficits are too big. senator mcconnell's approach solves the first problem. it ds nosolve the second problem. i would like to solve that second problem. >> are you looking at this option as one likely outcome at this point for can you share with us why there is some hope that the talks that have been goinon might actually produce them? >> i always have hope. don'you remember my campaign? [laughter] even after being here 2.5 years, i continue to have pe, because of the american people. there is still good, common sense. all we have to do is a line with that common-sense on ts problem and it can get solved. i am assuming that at some point, members of coress are going to listen. a number orepublican former elected officis would
one is raising the debt ceiling. this is a problem that was manufactur here in washingt, becau every sine one of the leaders over there voted for raising the debt ceiling in the past and it has typically been a difficult but routine process. do have a genui underlying problem that our debt and deficits are too big. senator mcconnell's approach solves the first problem. it ds nosolve the second problem. i would like to solve that second problem. >> are you looking at this option as one...
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Jun 23, 2023
06/23
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not that the debt ceiling is solved, and the refilling the treasury, the facility has been declining. that's what we would've hope to see, rather than taking reserves out of the system. >> senator warner -- >> thank, you mister chairman. you know the challenge of coming about light, the if asked my question, but chairman, great to see you again. i'm going to have a variation of the same question that i think a number of members have asked. i know a lot of us are sometimes getting the act vantage it be monday morning quarterbacks and how you navigate the monetary policy. i think you've generally done a very good job, grateful they are on a pause. i hope that pauses data comes through continues. we definitely have some stresses with that monetary policy. that -- you were doing, but again, i think people on both sides of the aisle have called for in terms of qualitative title ix. again, that doesn't have the immediate effect that monetary policy has. as we've discussed, and i think senator parity -- we have the appropriate review of vice chair, or barr, barr for supervision is doing on c
not that the debt ceiling is solved, and the refilling the treasury, the facility has been declining. that's what we would've hope to see, rather than taking reserves out of the system. >> senator warner -- >> thank, you mister chairman. you know the challenge of coming about light, the if asked my question, but chairman, great to see you again. i'm going to have a variation of the same question that i think a number of members have asked. i know a lot of us are sometimes getting...
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0.0
May 9, 2023
05/23
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debt ceiling three times. now under president biden house republicans are playing arsonist threatening to cut snap, jeopardizing funding for veterans. real leaders would not do this. mr. speaker, we should end the madness. i yield my time. the speaker pro tempore: for what purpose does the gentleman from california seek recognition? >> i request unanimous consent to address the house for one minute and revise and extend my remarks. the speaker pro tempore: the gentleman is recognized forb one minute. mr. lamalfa: on thursday president biden will be removing a border mechanism. title 42 is a trump era that allows to deport illegal immigrants in a are abusing our asylum system. this will be even worse than it is now. the impending end of title 42 is public knowledge. and they are expecting another surge as the end gets closer. allowing 42 to expire is allowing a catastrophic situation to get worse. they are treating the border crisis. thousands of people violate our nation's laws every day by illegally entering
debt ceiling three times. now under president biden house republicans are playing arsonist threatening to cut snap, jeopardizing funding for veterans. real leaders would not do this. mr. speaker, we should end the madness. i yield my time. the speaker pro tempore: for what purpose does the gentleman from california seek recognition? >> i request unanimous consent to address the house for one minute and revise and extend my remarks. the speaker pro tempore: the gentleman is recognized forb...
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Mar 18, 2013
03/13
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the next speaker has been an outspoken advocate to not raise the debt ceiling so our children do not inherit a debt-ridden future. the next speaker has been outspoken for the unilateral repeal for obamacare. [applause] more so than anything else, our next speaker is one of the most courageous conservatives in the country. she stands for principle, she will oppose a republican just like she will oppose a democrat. she's fighting if the future of the country so my generation can prosper. ladies and gentlemen please join me in welcoming congresswoman michelle bachman. [applause] >> good morning. good to see you. good morning. love you too! good morning. welcome, everyone. thank you for that wonderful cpac early morning welcome. welcome to washington, d.c. the epicenter of care and compassion. it is a very unique city as you know. you have to show a photo i.d. in other words to have a white house tour then they turn around and demand you put away your i.d. before you vote for the man sitting in the white house. it is a city of care and compassion. i want to ask you an important question
the next speaker has been an outspoken advocate to not raise the debt ceiling so our children do not inherit a debt-ridden future. the next speaker has been outspoken for the unilateral repeal for obamacare. [applause] more so than anything else, our next speaker is one of the most courageous conservatives in the country. she stands for principle, she will oppose a republican just like she will oppose a democrat. she's fighting if the future of the country so my generation can prosper. ladies...
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Jan 1, 2013
01/13
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the big battle is yet to come and it's over the debt ceiling. it's going to be a big battle, and i share every comment and every sentiment that senator graham said because that's the one where we have to find a way to make a deal. and the president is not going to make a deal by poking us in the eye and by charging one side against the other to try to have a win-win proposition. i never made a deal if it wasn't a win-win proposition. i always lost a deal when i made it a win-lose proposition. i'm at the table. i continue to negotiate. i want to make this one work, but let's work together, let's find common ground, and in the 12th hour and the 11th hour, let's do what's right for the american people. but i want to thank senator graham, senator corker and senator mccain for their remarks. i associate myself with them. senator mccain, i yield back to you. i yield to the senator from tennessee. mr. mccain: i yield. the presiding officer: the senator from tennessee. mr. corker: i thank the senator from arizona, south carolina and georgia for the comm
the big battle is yet to come and it's over the debt ceiling. it's going to be a big battle, and i share every comment and every sentiment that senator graham said because that's the one where we have to find a way to make a deal. and the president is not going to make a deal by poking us in the eye and by charging one side against the other to try to have a win-win proposition. i never made a deal if it wasn't a win-win proposition. i always lost a deal when i made it a win-lose proposition....
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May 27, 2023
05/23
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. >> tuesday and economist discusses the history of the debt ceiling and the potential economic impact if the u.s. defaults on its debt. 11:00 a.m. eastern on c-span, c-span now, or c-span.org. >> c-span is your unfiltered view of government. full funding provided by these television companies and more. including midco. including charter communication. midco supports c-span as a public service along with these other television providers giving you a front row seat to
. >> tuesday and economist discusses the history of the debt ceiling and the potential economic impact if the u.s. defaults on its debt. 11:00 a.m. eastern on c-span, c-span now, or c-span.org. >> c-span is your unfiltered view of government. full funding provided by these television companies and more. including midco. including charter communication. midco supports c-span as a public service along with these other television providers giving you a front row seat to
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Oct 27, 2015
10/15
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in terms of a debt ceiling, very important. in terms of the balance in the budget that we are not going to -- this has been a debate that we have had for a long time. that every time we want to lift the caps, that are constraining our investment, people say let's just spend it on defense. but our national security and our strength is measured in the education and well-being of our people. the innovation that springs from the classroom that puts us qualitatively ahead. in our research to keep america number one. and that means also in the defevens our country. and defense of courntry we take an oath to protect and defend. that's our oath of office. it's our first responsibility. but again the defense of it is not just military might, however important that is. but it's also the strength of our society. mr. sesno: this isn't exactly the grand bargain that boehner was looking for some years ago. i think it was a publication i read today it is a big deal. does this change the politics and the dynamic on the hill because it takes so
in terms of a debt ceiling, very important. in terms of the balance in the budget that we are not going to -- this has been a debate that we have had for a long time. that every time we want to lift the caps, that are constraining our investment, people say let's just spend it on defense. but our national security and our strength is measured in the education and well-being of our people. the innovation that springs from the classroom that puts us qualitatively ahead. in our research to keep...
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May 18, 2011
05/11
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but it is not just the debt ceiling. it is the economic future. this is something he will be taking a lead in? >> it is central to my role. this is the president's conviction. he has but the vice-president of the united states in charge of negotiating the solution. he has been leading the negotiations. i think they are the most talented team of people. they were the central architects of the best president we had. i will tell you why we are optimistic this was a massively complicated endeavor. this is not as hard as that. it feels politically more difficult. it is not nearly as hard as that. if you listen to what american people say, they are much more confident. they put it near the top. you see republicans and democrats to join and embrace this. this is the critical moment. i'm confident about the economy. we need to get ahead of this. we want to take this opportunity to do it. >> are there any secretaries of the treasury stock we look to as models? that you admire for the job they do? quite so many of them. i will read you a quote since you ask
but it is not just the debt ceiling. it is the economic future. this is something he will be taking a lead in? >> it is central to my role. this is the president's conviction. he has but the vice-president of the united states in charge of negotiating the solution. he has been leading the negotiations. i think they are the most talented team of people. they were the central architects of the best president we had. i will tell you why we are optimistic this was a massively complicated...
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May 7, 2011
05/11
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. >> the treasury department reported the united states is expected to hit its debt ceiling on may 16th. congressional reportly reported in anticipation of hitting the debt ceiling, today treasury stops issues state and local governments serious treasure securities that help states and local governments fund infrastructure and other projects. i find this deeply concerning because we already have seen thousands of layoffs taking place at the state and local level. you said there's a significant decrease in government jobs; is that right? >> that's correct. >> dr. hall, can you give us further detail for the committee, the current job situation throughout the state and local governments across the country, and can you offer any predictions regarding the impact of that treasury action may have on the state and local government's employment levels? >> sure. well, i can tell you in terms of government employment, the government job loss has been centered primarily in local government jobs, so for example, local government, since the end of the recession continued to lose jobs something at th
. >> the treasury department reported the united states is expected to hit its debt ceiling on may 16th. congressional reportly reported in anticipation of hitting the debt ceiling, today treasury stops issues state and local governments serious treasure securities that help states and local governments fund infrastructure and other projects. i find this deeply concerning because we already have seen thousands of layoffs taking place at the state and local level. you said there's a...
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Oct 28, 2012
10/12
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you vote to raise the debt ceiling? >> we need to do in a responsible way. what we've seen in this congress, the ryan plan that continues and you voted for it twice, it continues to give the benefits to those who had the most and butting the burden on those struggling the most. to increase burden on students. this president addresses our challenges. >> since you raised medicare voucher issue, congressman, what role should private insurance play in the medicare? >> medicare as we know it right now has to remain. that option will be available. what i have supported is an essence premium support model. i think this is important as we give seniors and options and choice where the private system can come in and offer plan that's would be gatekeeper by medicare. >> i don't believe in a plan that would be a voucher plan. this plan is unsustainable. aarp looked at it and said it would hurt medicare. cbo say it will cost $1600 more, it's indexed at a rate that slower than the rate that healthcare inflation has grown in the past
you vote to raise the debt ceiling? >> we need to do in a responsible way. what we've seen in this congress, the ryan plan that continues and you voted for it twice, it continues to give the benefits to those who had the most and butting the burden on those struggling the most. to increase burden on students. this president addresses our challenges. >> since you raised medicare voucher issue, congressman, what role should private insurance play in the medicare? >> medicare as...
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Dec 14, 2017
12/17
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that had a debt ceiling in it. mr. hoyer: reclaiming my time, does that mean 90 of your people did not want to pay the bills of the united states and default on our debt? and i yield to my friend. mr. mccarthy: i thank my friend for yielding. if you are going to compare a c.r. that is simple, it's not simple. if you compare it to the c.r. you voted against that had no debt ceiling on it. you explained to me how many c.r.'s you voted in the past, how democrats came over with republicans, because you know what? you and i both know that's how it works. because a c.r. is not an advantage for one or the other. and this is what i'm most upset with. our founding fathers created a body that could have compromise. but for some reason in today's society, it's not just that you want one side to win, you want to crush the other side. that's actually hurting the american public. so in a situation that we know of a continuing resolution is going to be short-term, two weeks, yeah, i would expect half of the votes to come from our sid
that had a debt ceiling in it. mr. hoyer: reclaiming my time, does that mean 90 of your people did not want to pay the bills of the united states and default on our debt? and i yield to my friend. mr. mccarthy: i thank my friend for yielding. if you are going to compare a c.r. that is simple, it's not simple. if you compare it to the c.r. you voted against that had no debt ceiling on it. you explained to me how many c.r.'s you voted in the past, how democrats came over with republicans, because...
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Jan 1, 2013
01/13
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and raidsing the debt ceiling does not authorize you to spend more money. it authorizes you to pay back the money that you already spent. republicans in this house voted for and have a moral obligation to repay that money. mr. speaker, the american economy needs to grow much more than the projected 2% for 2013. 2% growth is not enough to sustain the current level of employment. the american economy needs robust growth at 3% to 4%, growth that can only come from investments in education, road and bridge building, research. we need to do nation building not in afghanistan, not in iraq, but nation building here at home in america. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back. for what purpose does the gentleman from virginia seek recognition? >> i ask unanimous consent to address the house for one minute and to revise and extend my remarks. the speaker pro tempore: without objection, the gentleman from virginia is recognized for one minute. >> i thank the speaker. mr. speaker, what do we know about the bill which pass
and raidsing the debt ceiling does not authorize you to spend more money. it authorizes you to pay back the money that you already spent. republicans in this house voted for and have a moral obligation to repay that money. mr. speaker, the american economy needs to grow much more than the projected 2% for 2013. 2% growth is not enough to sustain the current level of employment. the american economy needs robust growth at 3% to 4%, growth that can only come from investments in education, road...
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Jul 5, 2015
07/15
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the government ran for months without a debt ceiling. the future is not good and things have to change. there should be two lines on c-span. one for net producers and one for net takers, not for political parties and independents. host: thanks for the suggestion. eleanor clift, political dynasties and supreme court on the american dream. guest: first of all, wasn't it former presidential candidate mitt romney who used the expression the takers that got him a lot of trouble? and a sense, we are all takers. we all get benefits from the government and i am grateful for them. the supreme court is nine people. five were appointed by republicans, four by democratic presidents. we used to think the supreme court was above politics. i think we have seen decisions that have made us believe otherwise. but from the day al gore saw his chance at the residency overturned by the supreme court he accepted that graciously. that is the tradition we should aspire for and to in this country. to accept the supreme court. i do not agree with everything they
the government ran for months without a debt ceiling. the future is not good and things have to change. there should be two lines on c-span. one for net producers and one for net takers, not for political parties and independents. host: thanks for the suggestion. eleanor clift, political dynasties and supreme court on the american dream. guest: first of all, wasn't it former presidential candidate mitt romney who used the expression the takers that got him a lot of trouble? and a sense, we are...
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Aug 4, 2013
08/13
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the debt ceiling is more of a looming target. it is like trying to plan when you're going to max out your credit cards without knowing how much money you're going to spend every day. all of these are going to get rolled in together. the conservatives in the republican party want to us to use a piece of legislation to pressure the white house. it of funding or a partial repeal of the obama care law. other people in the republican party say we cannot shut down government and we need to come in with better things to negotiate, particularly cuts. likely they will be pushing some cuts for entitlement programs. host: one more question about august. we could talk about specifics but at least give us an overall arching view. i would just bounce off of the national journal headline this week -- what does commerce do over recess? guest: this is going to be important for legislation, one is the immigration bill. we know that lawmakers go home, have town hall meetings, meet with their constituents. historically they have been able to push la
the debt ceiling is more of a looming target. it is like trying to plan when you're going to max out your credit cards without knowing how much money you're going to spend every day. all of these are going to get rolled in together. the conservatives in the republican party want to us to use a piece of legislation to pressure the white house. it of funding or a partial repeal of the obama care law. other people in the republican party say we cannot shut down government and we need to come in...
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Jan 15, 2013
01/13
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ceiling, and your own history on the debt ceiling. and doesn't that suggest that we are going to go into a default situation because no one is talking to each other about how to resolve this? >> well, no, major, i think if you look at the history, getting votes for the debt ceiling is always difficult, and budgets in this town are always difficult. i went through this just last year. but what's different is we never saw a situation as we saw last year in which certain groups in congress took such an absolutist position that we came within a few days of defaulting. and the fact of the matter is, is that we have never seen the debt ceiling used in this fashion, where the notion was, you know what, we might default unless we get 100 percent of what we want. that hasn't happened. now, as i indicated before, i'm happy to have a conversation about how we reduce our deficits further in a sensible way. although one thing i want to point out is that the american people are also concerned about how we grow our economy, how we put people back to
ceiling, and your own history on the debt ceiling. and doesn't that suggest that we are going to go into a default situation because no one is talking to each other about how to resolve this? >> well, no, major, i think if you look at the history, getting votes for the debt ceiling is always difficult, and budgets in this town are always difficult. i went through this just last year. but what's different is we never saw a situation as we saw last year in which certain groups in congress...
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Jun 6, 2013
06/13
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on the debt ceiling. the closer we get to that time frame, that stands will soften. i'm not -- i think that the house has acted responsibly to say that default cannot occur, won't occur, which is why we passed the bill that we did a couple weeks ago to make certain that the prioritization of payments and the ability of the federal government to pay its debts is solid. >> does it make sense to have a debt ceiling? we are the only country that budgets in this manner. would it makes sense to get rid of it? accrue debt as we pass bills? >> you want to ask the american people does it make any sense to have a limit on your credit card? it probably makes sense to have a limit. yeah. i think you ought to have a debt ceiling. >> lauren. >> i wanted to ask you, you indicated earlier that the house leadership and your conferences decided that piecemeal bills on immigration is the best way to go. what about this bipartisan group working in the house, if they came to an agreement, how much willingness would there be o
on the debt ceiling. the closer we get to that time frame, that stands will soften. i'm not -- i think that the house has acted responsibly to say that default cannot occur, won't occur, which is why we passed the bill that we did a couple weeks ago to make certain that the prioritization of payments and the ability of the federal government to pay its debts is solid. >> does it make sense to have a debt ceiling? we are the only country that budgets in this manner. would it makes sense to...
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Nov 20, 2013
11/13
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could you give me a sense for how you think about the debt ceiling. is there a scenario or metric you look at that says it's long call to raise it now? what would be the scenario and what would be the indicator you're not in that position? >> the important thing to remember about the debt ceiling is it is at the very end of all the decisions that have been made. congress has appropriated money, entitlement programs have been established, revenue rules have been set. in the end, the debt limit comes after all ethe policy has been made. so there really is no alternative but to raise the debt limit when you need to borrow in order to pay the bills. there can be a full throated debate about what our policy should be on any of those other areas but there cannot be a question, once we've made commitments as a government, that we keep our commitments. it can't be that we have contractors who have done work and then we say we won't pay them. it can't be that we have people who have benefits that they're entitled to but don't get paid. the full faith and credi
could you give me a sense for how you think about the debt ceiling. is there a scenario or metric you look at that says it's long call to raise it now? what would be the scenario and what would be the indicator you're not in that position? >> the important thing to remember about the debt ceiling is it is at the very end of all the decisions that have been made. congress has appropriated money, entitlement programs have been established, revenue rules have been set. in the end, the debt...
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Mar 21, 2013
03/13
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the debt ceiling. if we do that, if we put a balanced budget amendment on the floor of the house and senate and if it passes i'll be ready to look at increasing the debt ceiling for the president. if that doesn't happen, i don't see a reason to raise the debt ceiling. let's stare him down on that until somebody gives in. we need to get this spending under control. and the irresponsible policies is not the way to go. obamacare needs to be repealed. we need to restore the rule of law in this country. we got to shrink down the welfare package that's out here. 80 different means tested welfare programs in the united states, just $2.5 trillion for the illegal component of this. a whole lot more if we don't get these entitlements under control. mr. speaker, the solutions are here. they are on this side of the aisle. they're actually in the platform. i endorse many of them. i appreciate your attention and i yield back the balance of my ime. the speaker pro tempore: the gentleman yields back his time. does the
the debt ceiling. if we do that, if we put a balanced budget amendment on the floor of the house and senate and if it passes i'll be ready to look at increasing the debt ceiling for the president. if that doesn't happen, i don't see a reason to raise the debt ceiling. let's stare him down on that until somebody gives in. we need to get this spending under control. and the irresponsible policies is not the way to go. obamacare needs to be repealed. we need to restore the rule of law in this...
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Sep 22, 2013
09/13
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the debt ceiling is coming up. we will make sure the punching -- the country pays its debt. we will put things like the pipeline in the bill. this will create thousands of jobs. why don't we actually say yes to those american jobs and get our economy moving again? it shows we are doing our job and will keep government funded. >> "newsmakers" tomorrow on c- us and him.a.m. she brings the white house garden in q2 this garden. the prospect house. she says to the white house gardener, let's let's re-create the rose section of this garden at the white house. this becomes the famous rose garden at the white house. ellen tragically does not live to see the rose garden completed, however. she is dying in the summer of 1914 and has wheeled out to the space in her wheelchair and does not live to see the completion of the visions she had of roses blooming at the white house. >> meet the first and second wife of woodrow wilson. >> next, remarks from chinese foreign affairs minister wang yi. syrian civilut the war and cyber security concerns. from the brookings institution, this is a lit
the debt ceiling is coming up. we will make sure the punching -- the country pays its debt. we will put things like the pipeline in the bill. this will create thousands of jobs. why don't we actually say yes to those american jobs and get our economy moving again? it shows we are doing our job and will keep government funded. >> "newsmakers" tomorrow on c- us and him.a.m. she brings the white house garden in q2 this garden. the prospect house. she says to the white house...
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Dec 10, 2013
12/13
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deadline inr february, another debt ceiling shut out as possibly on the horizon. you mentioned adult decisions, what does the business roundtable they got the adult decisions on the debt ceiling? guest: there's nobody in our nation who believes that we should be defaulting, or talking about defaulting on our debt. i do not think republicans and democrats think it would be a good idea to do that. what you have is a hollow threat. at the end of the day, you have to give on it. host: this is what you describe as the imperfect hostage? guest: i did say that once. -- ifffect, if you can't the hostage has to be taken care, and ultimately return, all you are doing is incurring a lot of cost will you care for your hostage. the issue is the spending. imperfect as the sequestration has been provided has had an good effect on bringing down the annual debts. it is highlighting further that the problem is structural long- term entitlement reform. the type of reform that ceos of businesses and roundtables have to think about. i saw it as a governor, and most of the governors in
deadline inr february, another debt ceiling shut out as possibly on the horizon. you mentioned adult decisions, what does the business roundtable they got the adult decisions on the debt ceiling? guest: there's nobody in our nation who believes that we should be defaulting, or talking about defaulting on our debt. i do not think republicans and democrats think it would be a good idea to do that. what you have is a hollow threat. at the end of the day, you have to give on it. host: this is what...
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Jun 26, 2013
06/13
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with sequester or debt ceilings and get about the infrastructure system that we desperately need in this country to further enhance jobs. but within the innovation technology and manufacturing of drugs and medical devices and the technology that grows out of health care, we have a whole economy that's ready to burst and boom as well. that's what we've got to be about. that's what i believe the -- ican people want to us see us solving. mr. ryan: if you think about the small business person who has suffered the brunt of these huge health care increases over the percent de or two, 120 some increase in the last 10 years for a small business person, their health care for that period of time has gone up. if you start reducing that cost, the money that business person will have to re-invest can be a stimulant for the economy. mr. larson: i see that our time has expired. i thank the speaker and i thank everyone for the opportunity to lay out this case of coordinated care and cooperation, reducing our national debt and securing medicare for our citizens. the speaker pro tempore: the gentleman yie
with sequester or debt ceilings and get about the infrastructure system that we desperately need in this country to further enhance jobs. but within the innovation technology and manufacturing of drugs and medical devices and the technology that grows out of health care, we have a whole economy that's ready to burst and boom as well. that's what we've got to be about. that's what i believe the -- ican people want to us see us solving. mr. ryan: if you think about the small business person who...
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Feb 26, 2014
02/14
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we don't have another debt ceiling fight for another year or so. we are going through the fall election into early 2015 so we don't have to worry about that. i'm not sure there will be a budget this year or not. i don't see any kind of budget showdown. as far as whether fiscal austerity is dead, i go back to these two great themes that i mentioned at the beginning. got a very accommodating fed for two or three years and fiscal restraint for at least another two or three years. until 2021.istrict i think it's a pretty safe bet that this house stays republican for a while. as long as it does, people forget, there are seven more years of the sequester. they tinkered around with it a little bit and reduced it a bit revenueoffsetting raisers, spending cuts but sequester is not gone. i would argue that the discretionary outlays stay flat. the big issue going into the later part of the decade is whether anyone has the courage to take on entitlements. the evidence in the last month is quite discouraging on that front. paul ryan had a little tiny cola chang
we don't have another debt ceiling fight for another year or so. we are going through the fall election into early 2015 so we don't have to worry about that. i'm not sure there will be a budget this year or not. i don't see any kind of budget showdown. as far as whether fiscal austerity is dead, i go back to these two great themes that i mentioned at the beginning. got a very accommodating fed for two or three years and fiscal restraint for at least another two or three years. until...
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Nov 15, 2012
11/12
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now, it is time to do the second debt ceiling increase. we're just a couple of months from having to do this and we have yet to any promise cuts from the 115 months ago. where are those? increase the debt ceiling, we promised to get to the cuts. the american people say, are you serious? i think that is problematic. >> let's look at what the big picture is. i remember the president looking us in the eye, february 10th, 2009, when he was selling his economic stimulus plan and he said the fdr new deal work and he should have spent more money. it seemed that he was looking me right in the eye and. he convinced me that he is a keynesian economist on steroids. when i look at this sequestration deal and the fiscal cliff and i think, what does the president want. he does not want to reform social security, medicaid, medicare. he has obamacare and a position where it will be hard to stop now. if they all collapse into the general fund, that fits his philosophy perfectly. he is happy to cut the military. what that the present want out of this? if th
now, it is time to do the second debt ceiling increase. we're just a couple of months from having to do this and we have yet to any promise cuts from the 115 months ago. where are those? increase the debt ceiling, we promised to get to the cuts. the american people say, are you serious? i think that is problematic. >> let's look at what the big picture is. i remember the president looking us in the eye, february 10th, 2009, when he was selling his economic stimulus plan and he said the...
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Feb 5, 2014
02/14
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treasury secretary jack lew has been urging congress to act before friday's debt ceiling deadline. mr. honda: but here we are again with no signs of progress. the treasury department's once again being forced to resort to extraordinary measures to continue financing the government. these games of chicken are dangerous, they're eirresponsible, led to turmoil in the markets and cost our economy billions. we've avoided disaster in the past and i believe we'll avoid it this time. in any game of chicken, one side always must blink. but what happens when neither side blinks? disaster. i ask my colleagues to help me install a permanent fix to end the brinksmanship surrounding the debt limit my h.r. 2333 toy allows the debt limit to be raised unless a supermajority of congress votes to block such action. this would shift the role of congress to disapproving debt ceiling increases instead of approving them. my approach has been approved by several senators and is endorsed by a growing chorus of economists and outside thought leaders. i urge my colleagues to join me in preserving the permane
treasury secretary jack lew has been urging congress to act before friday's debt ceiling deadline. mr. honda: but here we are again with no signs of progress. the treasury department's once again being forced to resort to extraordinary measures to continue financing the government. these games of chicken are dangerous, they're eirresponsible, led to turmoil in the markets and cost our economy billions. we've avoided disaster in the past and i believe we'll avoid it this time. in any game of...
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Nov 3, 2010
11/10
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third, they do not raise the debt ceiling, the debt limit, when that comes. he said these are the three things i'm looking for, and if they do not do that, this is a huge problem for the republicans. i mean, not vote for the debt limit. there are very specific ideas. i do not think it is a mandate for economic conservatism -- i think it's a mandate for economic conservatism, not the republican party. host: two out of three of those would be pretty easy for the gop-controlled house. if they really did not feel that way, the senate being a democratic camp, could put a stop to it. is that cynical? guest: no, that is reality. that is the way things work in washington. republicans will still haven't out. the senate is a dead end for a lot of health bills -- for a lot of house bills. that is the reality, and that is why people do not expect much to get done in the next two years. when the president had nearly 60 votes in the senate and obviously a strong majority in the house, it was extraordinarily difficult to get things done. they were trying very huge bills, a
third, they do not raise the debt ceiling, the debt limit, when that comes. he said these are the three things i'm looking for, and if they do not do that, this is a huge problem for the republicans. i mean, not vote for the debt limit. there are very specific ideas. i do not think it is a mandate for economic conservatism -- i think it's a mandate for economic conservatism, not the republican party. host: two out of three of those would be pretty easy for the gop-controlled house. if they...
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Jan 21, 2012
01/12
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i'm opposed to raising the debt ceiling limit. how in the world can we raise the debt ceiling if the senate will not work with us to pass a balanced budget. the senate has not passed one in three years. no one would walk into a bank and ask for a loan without a plan on how to spend that money and pay it back, so why is it ok for the federal government to operate that way? it's not. the latest increase to the debt ceiling limit allows president obama to borrow an additional $1.2 trillion, which brings our national debt to $16.4 trillion, and he will likely be back at the end of the year asking for another increase. to put that into perspective, after the revolutionary war when we became a country in 1776 and after that, many wondered if the young democracy could withstand what many at the time considered a crushing debt. the nation had borrowed heavily to pay for the revolutionary war. the debt when the war was over was about $34 per american which in today's inflation adjusted dollars would be about $653. today's debt, by contrast
i'm opposed to raising the debt ceiling limit. how in the world can we raise the debt ceiling if the senate will not work with us to pass a balanced budget. the senate has not passed one in three years. no one would walk into a bank and ask for a loan without a plan on how to spend that money and pay it back, so why is it ok for the federal government to operate that way? it's not. the latest increase to the debt ceiling limit allows president obama to borrow an additional $1.2 trillion, which...
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Oct 26, 2010
10/10
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so you have to increase the debt ceiling or the government shuts down. caller: i don't think they are going to want to shut the government down, but maybe you can for something where -- let's face it. i saw something on c-span that said in michigan, the median income has dropped by, like, 14% or 13% over the past year. and that the federal government, federal government workers have increased by 15% over the past year. i saw this on c-span. maybe they cannot shut down the government by having across-the- board cut in pay for federal workers. host: you are calling from pennsylvania. are you supporting pat to me? caller: i am supporting pat toomey and i am not supporting corbett for governor. host: republican line. james. caller: i have been a republican for many years, and i believe that the tea party is a wonderful infusion of energy from people who see hope in our party who have gotten disgusted by the corruption of the incumbents of both parties, but particularly in our own party. we have always been disgusted with the democrats. what i expect to see w
so you have to increase the debt ceiling or the government shuts down. caller: i don't think they are going to want to shut the government down, but maybe you can for something where -- let's face it. i saw something on c-span that said in michigan, the median income has dropped by, like, 14% or 13% over the past year. and that the federal government, federal government workers have increased by 15% over the past year. i saw this on c-span. maybe they cannot shut down the government by having...
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Jul 1, 2011
07/11
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in about 45 minutes, we will begin a discussion of the ongoing budget and debt ceiling debate. david keating. then, former democratic senator blanche lincoln. cornelia orr will have the nation's report card on u.s. history. [captioning performed by national captioning institute] [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2011] host: the senate has decided to cancel its for the july recess. they will stay around next week in hopes of getting progress on the stalled budget negotiations. a new deadline has been set for the first week of july. we are going to be talking about all this later on with david keating and blanche lincoln, the former arkansas senator. in our final segment this morning, we will learn more about how u.s. students are doing on american history studies. as we began this morning, we are going to look at a provocative ad we saw in usa today. they ask the question "is the american dream dead? kep good friday morning to you. you can also send us a twitter message this morning if you would like to tal
in about 45 minutes, we will begin a discussion of the ongoing budget and debt ceiling debate. david keating. then, former democratic senator blanche lincoln. cornelia orr will have the nation's report card on u.s. history. [captioning performed by national captioning institute] [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2011] host: the senate has decided to cancel its for the july recess. they will stay around next week in hopes...
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May 7, 2011
05/11
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. >> the treasury department reported the united states is expected to hit its debt ceiling on may 16th. congressional reportly reported in anticipation of hitting the debt ceiling, today treasury stops issues state and local governments serious treasure securities that help states and local governments fund infrastructure and other projects. i find this deeply concerning because we already have seen thousands of layoffs taking place at the state and local level. you said there's a significant decrease in government jobs; is that right? >> that's correct. >> dr. hall, can you give us further detail for the committee, the current job situation throughout the state and local governments across the country, and can you offer any predictions regarding the impact of that treasury action may have on the state and local government's employment levels? >> sure. well, i can tell you in terms of government employment, the government job loss has been centered primarily in local government jobs, so for example, local government, since the end of the recession continued to lose jobs something at th
. >> the treasury department reported the united states is expected to hit its debt ceiling on may 16th. congressional reportly reported in anticipation of hitting the debt ceiling, today treasury stops issues state and local governments serious treasure securities that help states and local governments fund infrastructure and other projects. i find this deeply concerning because we already have seen thousands of layoffs taking place at the state and local level. you said there's a...